Blog Category: SBA Loans
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10 Tips for Applying for Small Business Loans
Are you a small business owner looking to get your company off the ground, fund new research, or expand into new states? If so, applying for small business loans could potentially provide the capital you need to make those dreams come true. Every year, millions of entrepreneurs just like you are applying for small business loans […]
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10 Helpful Tips for Applying for Small Business Loans for Women
Statistics show that 39% of businesses in the U.S. are owned by women. However, the statistics on business loans for women paint a different picture. Unfortunately, female small business owners receive less funding than male-run businesses. This gender bias is more common with larger capital raising scenarios. Fortunately, when it comes to business loans, the […]
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10 Reasons to Apply for SBA Small Business Loans
The U.S. Small Business Administration (SBA) estimates that more than 627,000 new businesses open in the country every year. If you’ve recently started a new business, then you need to know about SBA small business loans. As you seek to get your startup off the ground, it’s likely that your expenses will outpace your income, […]
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Exploring SBA Loans for Veterans
As a veteran, your years in military service provided you with valuable skills that translate to the business world. Making good decisions, taking smart risks, and being self-disciplined are all skills of a successful business owner. Many veterans choose to embark on a new career as a small business owner. But starting a business requires money. […]
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SBA 8a Certification: What Is It, Its Benefits, and How to Obtain It
The goal of the federal government is to award a minimum of five percent of all federal contract spending to small, disadvantaged businesses every year. One way this is done is with 8a certification. What does it mean when you hear someone mention a company has earned 8a certification? It means the business has applied for the […]
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How to Get Startup Funding for Your Small Business
What’s the most challenging thing about starting a business? You guessed it; it’s financing! We totally get the excitement that comes with a business idea and the frustration that follows when you can’t finance it. The longer you take to find your startup funding, the more you lose your enthusiasm and motivation for the business. […]
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What is a Paycheck Protection Program (PPP) Loan: An Essential Guide
Is your small business currently struggling and experiencing loss of revenue? You’re not alone. More than 100,000 small businesses have closed in 2020. The good news is that there are relief programs that you might qualify for to help your small business. PPP loan, or Paycheck Protection Program loans, fund payroll, rent, mortgage, interest, and […]
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SBA Paycheck Protection Program (PPP) vs. the EIDL Program
The United States economy is still under siege due to the coronavirus pandemic. Southern states like Florida and Texas are now being rocked by the virus. Florida is now reporting over 10,000 positive cases per day. To limit the spread of the virus, these states have no choice but to close businesses once again. For […]
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PPP Loan Forgiveness: What to Know to Get Your Loan Forgiven
The Paycheck Protection Program (PPP) is a loan program worth nearly $670 billion. It was enacted by the U.S. Federal Government under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a PPP loan, small business owners could have access to the funds required to keep their operation afloat throughout the COVID-19 pandemic. To achieve loan forgiveness and avoid […]
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How to Apply for a PPP Loan: Everything You Need to Know
The global economy is in peril due to the coronavirus pandemic. Across the United States, businesses are closing their doors at the government’s request. How can American businesses expect to survive without revenue? There is a sliver of hope during these distressing times. The United States government authorized the Paycheck Protection Program (PPP) to bailout […]
